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2926 STATE Street
Erie, PA 16508
Asking Price
$350K
Cap Rate
17.14%
Asset Type
Single Family Rental Portfolio Multifamily
Class
Class B
What's Special
The State Street Retreat And Game Room <p>Highly sought after STR located in easy driving distance to downtown, bayfront, bay, and all major highways. With the new renovations and game room, it is highly rated with guests, and commands top dollar for all stays regardless of season.</p>
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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692
